ICMAP – Company Act Quiz # 1

ICMAP – M6 – CORPORATE GOVERNANCE, BUSINESS LAWS & ETHICS (CGBLE) – Company Act Quiz # 1

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ICMAP – M6 – CORPORATE GOVERNANCE, BUSINESS LAWS & ETHICS (CGBLE) – Company Act Quiz # 1

  • This Quiz is related to ICMAP – M6 – CORPORATE GOVERNANCE, BUSINESS LAWS & ETHICS (CGBLE) – Company Act Quiz # 1 in this series
  • The Quiz based on the Topic, ” ICMAP – M6 – CORPORATE GOVERNANCE, BUSINESS LAWS & ETHICS (CGBLE) – Company Act Quiz # 1 
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  • There will be 10 Multiple Choice Questions (MCQs) in this test
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Unless the articles provide for the retirement of all directors at every annual general meeting, at least ………of the total number of directors retire by rotation.

Correct! Wrong!

According to sec 297, a director shall not enter into any contract with the company except with the consent of ……..

Correct! Wrong!

When a director does an act which is in excess of his powers and company suffers a loss … is liable to make good the loss.

Correct! Wrong!

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Doctrine of indoor management is an exception to the principle of …….

Correct! Wrong!

Which of the following statements are true ?

Correct! Wrong!

A company can change its name by passing ……….resolution.

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The alteration of the objects of a company must be confirmed by the Company law……..

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.………….means a prospectus issued by any financial institution or bank for one or more issues of the securities specified in that document.

Correct! Wrong!

The Companies (Amendment) Act 1988 provide that the companies should furnish along with the application form for shares or debentures, an………….instead of complete prospectus.

Correct! Wrong!

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The new Sec 60B introduced by the Companies (Amendment)Act 2000 is related to……..

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Company Act Quiz # 1
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